Genting Singapore (SG:G13) has released an update.
Genting Singapore reported a revenue of $561.9 million for the third quarter of 2024, marking a 2% decrease from the previous quarter. The decline is attributed primarily to lower VIP rolling volumes and win rates, though non-gaming revenues improved due to seasonal factors. The company continues to face challenges with the full closure of Hard Rock Hotel for renovations and S.E.A. Aquarium’s temporary closures for expansion.
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